Results for car news: 738

Shanghai, February 5 (Gasgoo.com) Volkswagen has denied a media report of the plans to delay the expansion of its car manufacturing plant in southwest China and reinforced its commitment to invest $3.12 billion in the country by the end of 2010, Reuters said today, citing a VW China official.

Shanghai, February 5 (Gasgoo.com) Italian automaker Fiat has found new Chinese partners after its Nanjing fiasco . Its multiple tie-ups with Chery Auto, Guangzhou Auto and Changan Suzuki are awaiting the approval of China鈥檚 auto regulatory bodies, reported 21st Century Business Herald today. The joint venture applications may have results next month.

Shanghai, February 5 (Gasgoo.com) General Motors's China division said in a statement on Thursday that it is studying the possibility of establishing a joint venture with Chinese auto giant FAW Group for producing light commercial vehicles, according to newspaper reports.

Shanghai, February 5 (Gasgoo.com) China will export more than 150,000 tons of gasoline in February, the lowest in recent six months, due to refinery run cuts, Reuters reported on Wednesday, citing traders.

U.S. auto suppliers said on Thursday the industry was in talks with the U.S. Treasury to secure emergency funding to avoid a wave of bankruptcies and a deeper crisis for cash-strapped automakers.

GENERAL Motors Inc, barely staying afloat with the aid of a United States bailout, is now seeking funds from Thailand's government and banks to keep its auto business running in the Southeast Asian nation.

FORD Motor Co, seeking to raise cash to avoid a federal bailout, is in talks to sell its Volvo Car unit to China's Geely Automobile Holdings Ltd, according to three people familiar with the discussions.

HONDA introduced yesterday the cheapest hybrid on the market, starting at 1.89 million yen (US$21,000) in Japan and under US$20,000 in the United States, hoping to turn around sluggish sales battered by the global downturn.

AUTO makers in China reported a substantial sales increase last month following a government decision to halve the car purchase tax, the China Association of Automobile Manufacturers said yesterday .

GENERAL Motors Corp, which managed to stave off bankruptcy after a government bailout in the United States, is expanding its presence in the commercial vehicle market in China by setting up a second venture.